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20121201
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of washington on the budget, stocks tumbled yessterday. oracle is among the latest corporations trying to beat the clock on next year's expected tax increase. oracle's board has approved accelerated dividend payments for the second, third and 4th quarters of next year. nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. let's see what's going on with the market today with matt shapiro, president of mws capital. good morning to you. > > good morning angie. > this is certainly one moody market. it seems to move on every word that comes out of washington. > > absolutely. actually, i am surprised, given the stalemate that we had this weekend and the gop yesterday having a counter offer - they are miles apart, but the market really held in there, and i think, at this point, the market is just basically pricing in that nothing really good is going to happen in washington, at least for now. > what about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at
. good to be here. meantime in washington, though tax rates on the really rich may be getting all the attention, if there is no fix to an obscure corner of the tax code, millions of middle class americans will pay thousands more to uncle sam. the alternative minimum tax, or amt, is typically paid by just 4 million americans, but no action in washington would mean an additional 30 million americans would fall under the provision. affected households would then have to pay $3700 more in taxes this year. cutting this deadline close has practically become an annual holiday tradition for congress the past few years. 'back in 2010, they passed the amt patch on christmas eve. in 2008/2009, they actually passed it in january and set it retroactively. uncertainty surrounding the amt has the internal revenue service on its toes. the tax agency has warned congress that if no new policy is passed, the irs will need to reprogram its computers, forcing a delay in filings and tax refunds until march of 2013. president obama and members of congress are set to return for one day more of talks to a
with voters in washington state and maryland. gay marriages started in washington earlier this month, maryland takes effect tuesday january 1st. >> washington lawmakers are running out of time to reach a deal on the fiscal cliff. senate leaders are working on a last ditch agreement. they hope to vote as soon as tomorrow. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work ame
into effect for everyone. live in washington, kyla campbell, ktvu channel 2 news. >> thank you. >>> 7:18. this morning, a bay area-based japanese diplomat is expected to enter a no contest plea in court. he has been charged with assaulting his wife. he worked at the consue lit in san francisco at -- consulate in san francisco as a vice council for two years. his wife said the abuse happened other for several months. he's accused of stabbing her hand with a screwdriver and knocking out her tooth. >>> they are preparing in washington, d.c. for president obama's second inauguration, januaryst. the views are busy building. viewing stands. this one will be smaller than the one in 2009. this time there will be three days of events, fewer inaugural balls and no concert on the national ball. most of the price tag will be covered by president obama supporters and private donors. but taxpayers you will pay for security costs and for the viewing stands. >>> bay area gas prices continue to fall. at least one analyst says they could be 20 cents a gallon lower next year. as usual, san francisco has
on the northeast corridor. that translates into a 96-minute trip between washington d.c. and new york city. the real-estate broker trick of baking apples with cinnamon to help sell a house may be outdated. simply put, simple scents work best, and apparently that goes for any selling environment. the business school at washington state university found the subtle scent of orange by itself increased sales 20% in stores. but when mixed in a complex blend of basil and green tea, researchers say it becomes a distraction for shoppers, trying to figure it all out. the same goes for lemon, pine and cinnamon. as with many things, keep it simple. coming up, what ski resort operators are doing to get business drifting their way. but first, from cocaine king to a hot dog stand man. bill moller joins us next with that intriguing story. [ game announcer ] touchdown! and here comes the dunk. [ male announcer ] everyone loves to dunk. ♪ [ game announcer ] will he dunk it? yes, he will. [ male announcer ] mcdonald's tender, juicy chicken mcnuggets in creamy ranch and spicy buffalo sauce. just $4.99 for 2
, robbery and other felony charges. darnell washington and tonya washington killed the woman in her house during a robbery in october. the couplee series of crimes ended in seattle when the washington's allegedly rammed a police car with the stolen suv. >>> a 23-year-old has been arrested for the shooting death of a teen in san jose but police say they don't believe she acted alone. the 17-year-old was found shot on pacific avenue in west san carlos on november 130th. >> the radio station behind the prank call to a london hospital is speaking out after a nurse tricked by the hoax committed suicide. two hosts called the hospital pretending to be the queen and the prince. they were asking about the dutchess of cambridge who was staying for severe morning sickness. the nurse was transferred -- did transfer the call to the dutchess's ward and she committed suicide and now the station is responding. >> the house have decided that the show will not return until further notice out of respect of what can only be called a tragedy. >> the palace said the prince and his wife are deeply saddened a
county. why officials were planning to evacuate. >> the fiscal cliff continues in washington. how republicans are reacting to the latest statement. >> and the struggle for susan rice was lawmakers continue to attack her statements about benghazi. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. >>> knack now to our storm watch coverage. this was round three. ktvu's matt keller
. for now reporting live in washington kyla campbell. >>> baublingback here at home authorities in napa county are trying to identify human remains found in vineyard. sheriff deputies were called to silverado trail. authorities tell the napa valley patch it appears recent rains may have washed those remains down the creek. investigators hope to go back to that scene today to collect more evidence. >>> in san leandro a bank robber got away moments before police arrived. it happened tuesday evening at the u.s. bank just off east 14th street just a couple blocks from davis street. around 4:00 in the afternoon a man in his 20s wearing a dark jacket and hooded sweatshirt walked into the bank and handed a note to the teller demanding money. the suspect escaped with an unknown amount of cashen if >>> police need your help identifying a man suspected of robbing another u.s. bank around noon yesterday. you are looking at surveillance pictures from the incident. the man demanded money from the teller. he did not show a weapon, he did get away with an undisclosed amount of money as well. that susp
. live in washington kyla campbell ktvu channel 2 news. >>> president obama and vice president joe biden will join mourners today at a attribute to sergeant daniel. he die add the age of 88. yesterday the mourners paid their respects inside the capitol. senator inouye who represented ohio for 50 years lost an arm in world war ii and he was considered a war hero. he died on monday of respiratory complications. tomorrow his body will be returned to hawaii. >>> a former marine praised for guarding a school near modesto apparently lied about his service. on monday craig showed up at hughson elementary school in uniform to stand guard. the former marine told the medesto bee he was a sergeant in the marine reserve and deployed to iraq and afghanistan. the marine corp said he never served overseas and discharged as a private after serving mine months. he told mattering corp times he had been misquoted by the medesto bee but the paper accident happened by its story. >>> let's go back to sal. how are we doing on this friday light? >> it is a little bit. we will be looking at some of the commutes
will be allowed to wed. in november, voters in maine, washington and maryland all approved same-sex marriage. >>> new details on a brutal homicide. the possible motive on a case where the victims were left in the middle of a street. >>> there are already several reservoirs overflowing because of the recent storms and now more rain is on the way. we'll show you if there are any reasons to be concerned. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. >>> there's a case of two people found bound and gagged in a san francisco street has taken yet another strange turn. one man died and another was serious
Search Results 0 to 9 of about 10

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